What are the responsibilities and job description for the Director of Finance USA position at Drylock Technologies LTD?
The Director of Finance directs the financial activities of the organization (accounting, controlling, treasury, insurance and taxes), prepares financial analyses of operations for the guidance of management decisions. The Director of Finance represents the voice of finance in the local management team.
Essential Duties and Responsibilities:
- Demonstrate Drylock Core Values: Safety, Respect, Ownership
- Lead all Finance and IT employees
- Prepare and analyze the monthly financial statements (profit and loss account, balance sheet, cash flow statement) in accordance to Group GAAP and define together with members of management team the actions which are required in order to reach company targets
- Assist the management team in defining the right KPI’s in order to reach the company targets
- Assist in planning and establishing economic goals and objectives for the company.
- Prepare reports, which summarize and forecast company business activity and financial position in areas of income and expenses based on past, present, and expected operations.
- Prepare departmental and company-wide budget; monitor compliance throughout the year.
- Determine depreciation rates of assets and advise management on operational adjustments due to tax revisions.
- Prepare financial statements and other reports required by regulatory agencies.
- Maintain inventory valuation records
- Advise management about property, and workers compensation insurance coverage.
- Maintain cash balance.
- Review and apply changes to ensure effective internal controls.
- Coordinate the provision of information to external audit team.
- Establish and maintain policies, procedures and practices relating to the management of all accounting related functions including cost accounting, accounts payable, accounts receivable, credit policies, billing, general ledger and fixed asset accounting
- Be a strong business partner to the management team and to headquarters, communicate financial information to non-financial people in an appropriate way
Education and Experience:
- Masters degree in Finance Accounting (CPA preferred)
- Eight years applicable experience, with at least three years in a manufacturing environment
- Supervisory experience
Job Knowledge, Skills and Abilities:
- Must have a good command of the English language, both written and spoken
- Must be able to read and interpret work documents
- Must have the ability to lead teams
- Must have the ability to perform basic math
- Must have the ability to adapt to frequent changes
- Ability to read, analyze, and interpret common financial reports and legal documents.
- Ability to respond to common inquiries or complaints from regulatory agencies or members of the business community.
- Ability to write reports, business correspondence, and presentations
- Ability to effectively present information to top management and/or boards of directors.
- Ability to calculate figures and amounts such as discounts, interest, and percentages.
- Ability to apply concepts of basic algebra.
- Ability to define and solve problems
- Ability to interpret an extensive variety of technical information in mathematical form and deal with several abstract and concrete variables.
- Ability to understand, interpret, and apply GAAP
- Strong communication skills
- Knowledge of SAP (ERP) or similar is a plus
Supervisory Responsibilities:
- Set goals that are aligned with and representative of the overall company’s objective.
- Define and communicate work requirements to employees, based on these goals and objectives.
- Establish expectations for employee performance
- Monitor and evaluate employee performance to expectations and provide feedback
- Foster teamwork
- Support, coach and develop team members
- Administer company policies.
Personal Protective Equipment Requirements:
- Hearing protection must be worn while on the production floor.
Work Environment:
- Work is performed in an office setting within an industrial environment.
Will be required to perform other duties as requested, directed, or assigned.
Benefits at Drylock Technologies Ltd. - Partnered with OakLeaf Direct!
- Health, dental, and vision insurance
- On-site health and wellness center
- 401(k) retirement savings
- Life and disability insurance
- Product discounts
- Employee prize giveaways
- Employee contests
- … and more!
